The two failure modes I observe most often are not exclusive to rationality, but might still be helpful to consider.
Over-reliance on System 2 processing for improvement and a failure to make useful and/or intentional adjustments to System 1 processing
Failing to base value estimations upon changes you can actually cause in reality, often focusing upon “virtual” value categories instead of the ones you might systemically prefer (this is best presented in LoganStrohl’s How to Hug the Query)
The two failure modes I observe most often are not exclusive to rationality, but might still be helpful to consider.
Over-reliance on System 2 processing for improvement and a failure to make useful and/or intentional adjustments to System 1 processing
Failing to base value estimations upon changes you can actually cause in reality, often focusing upon “virtual” value categories instead of the ones you might systemically prefer (this is best presented in LoganStrohl’s How to Hug the Query)